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Dagen so much news today. The president coming off. Larry summers. The big bombshell yesterday. Call the president on the phone and said were backing out. Connell that is still the big market story. He will watch washington. Youre right. Larry summers. Dagen what is Nicole Petallides watching. A big rally. Reporter watching how those pieces of news are marketmoving events. Fed contention. Ultimately the market thinks that the money printing keeps on coming from the fed. Jumping up 156 points for the dow jones industrials. The nasdaq composite, cora , nasdaq composite. All of the dow components...

New york stock exchange. Sending it to you in the studio. The president saying it is about the middle class and theyre is a long way to go. At least today the markets are celebrating not news about the anniversary, but at least rallying nonetheless. Adam the other big story, Larry Summers pulling his name from consideration to become the next chairman of the Federal Reserve. Im adam shapiro. Lori im lori rothman. The field for the new fed chief was down. The front runners to head the Federal Reserve. Adam tying nat to the firm where he works. Try telling that to the firm, Atomic Research group...

Almost 1. 3 billion. Liz luxury retailer saks, saying the chairman and shave executive officer and president ronald fresh will leave the company once officially acquired by canadas hudson bay company. The 2. 4 billion deal is expected to close by the end. Year. David a lot of deals going down these days. In the last minute we heard regulators are expected to hit jpmorgan with at least 700 million in penalties. This is part of that settlement related to the banks handling of the london whale trading loss last year. Liz united technologies, utx, Pratt Whitney says it will push down the price of ...

Fed race. Good monday morning, everyone. Look at this. Stocks will take off when that bell rings. 100, 150 points higher. Around 4 20 eastern sunday afternoon the news broke, Larry Summers withdraws. The pundits believe he would have printed less money. Janet yellen the likely successor, and that she will keep on printing. Thats why stocks will likely go up. And oil way down. Because any action on syria is now less and less likely. Its five years since the panic, stocks close to record high, its a riproaring monday morning and Varney Company is about to begin. Thank you orville and wilbur. Ame...

New york and meet the new miss america. The woman who wowed the judges with her show stopping bollywood dance. Takes the tiara in Atlantic City overnight. Shes here live, only on gma. And good morning, america. So much going on as we start this week. Right there, look at this. More extraordinary footage from the drone flying directly above the disaster zone in colorado. The rivers covering so many roads. Houses, cars, entire neighborhoods. At least six dead. Officials say that count could rise. The numbers are staggering. More than 17,000 homes damaged. And the desperate search set to resume t...